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News Release: Montecito Medical Acquires Two Medical Office Properties in Charlotte, NC

News Release: Montecito Medical Acquires Two Medical Office Properties in Charlotte, NC

Montecito Medical, a leading buyer of medical office real estate nationwide, has acquired two outpatient surgery properties in Charlotte, NC. The adjoining buildings, which offer a combined total of 37,200 square feet, are 100% occupied by Atrium Health. “We are thrilled to acquire these outstanding medical office assets and to expand our relationship with such […]

News Release: Just Closed - 10th Street Medical Office Buildings (Chino, Calf.)

News Release: Just Closed – 10th Street Medical Office Buildings (Chino, Calf.)

LIG LE INVESTMENT GROUP RECENTLY CLOSED 12850-12860 10th Street Chino, CA 91710 MULTI-TENANT MEDICAL PRICE/SF: $225.62 CAP RATE: 6.26% Sq.Ft.: 7,978 Sold Price: $1,800,000 Aaron Sanders Senior Associate | License CA: 02133731 (424) 215-1580 | (909) 256-7889 Justin Mata Investment Associate | License CA: 02196193 (909) 684-1649 | (909) 256-7889

News Release: PREIT Names Colliers Medical Leasing Agent for Moorestown Mall in New Jersey

News Release: PREIT Names Colliers Medical Leasing Agent for Moorestown Mall in New Jersey

A new relationship focused exclusively on building medical and wellness tenancy will continue the mall’s growth as a regional healthcare hub MOORESTOWN, NEW JERSEY June 17, 2024 – Colliers is pleased to announce the team of Paul Rogers and Charlie Rogers will serve as exclusive healthcare and wellness leasing agents to mall operator PREIT at […]

Riverside University Health System (RUHS) and PMB broke ground on an unprecedented project, The 445,000 SF Wellness Village in Mead Valley, that will transform healthcare by integrating the behavioral health continuum of care into a single environment combining medical care, behavioral health, and social services.

News Release: PMB partners with Riverside University Health System on a $580 million behavioral health campus in Mead Valley, California

NEWS PROVIDED BY PMB Jun 17, 2024, 08:01 ET The 445,000-square-foot Wellness Village will provide a continuum of behavioral health and wellness care, from urgent treatment to supportive housing. MEAD VALLEY, Calif. and SAN DIEGO, June 14, 2024 /PRNewswire/ — Riverside University Health System (RUHS) and PMB broke ground on an unprecedented project, The Wellness […]

News Release: Montgomery County (Md.) Council Committee Meetings on June 17, 2024

For Immediate Release: Friday, June 14, 2024 Committees will begin to review the Great Seneca Master Plan, receive an update on Purple Line Construction, discuss the advance taking of a small parcel of land and a petition for abandonment, and review a supplemental appropriation for MCFRS The Transportation and Environment (TE) Committee will meet on […]

News Release: ESI Arranges the Sale of Henry County Healthcare Center in Tennessee

Paris, TN – Evans Senior Investments (ESI) has successfully arranged the sale of Henry County Healthcare Center in Paris, Tennessee. The transaction was executed on behalf of Henry County. Built in 2001, Henry County Healthcare Center offers 136 skilled nursing beds across 5 acres of land. At the time of marketing, the facility was only […]

News Release: Davis Healthcare Real Estate Opens Eagan Specialty Center

News Release: Davis Healthcare Real Estate Opens Eagan Specialty Center

36,100-SF Medical Development is anchored by Midwest Surgery Center MINNEAPOLIS (June 13, 2024)—Davis has announced the formal opening of Eagan Specialty Center, a 36,100-square-foot Class A surgical facility at 2975 Holiday Court in Eagan, MN. The building is the new home of Midwest Surgery Center, which occupies 27,000 square feet. “This is the culmination of […]

News Release: Sila Realty Trust, Inc. Begins Trading on the New York Stock Exchange

News Release: Sila Realty Trust, Inc. Begins Trading on the New York Stock Exchange

Enters Public Markets as a Net Lease REIT Focused Solely on High-Quality Healthcare Properties June 13, 2024 04:15 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (NYSE: SILA) (“Sila”, the “Company”, “we” or “us”), a net lease real estate investment trust (“REIT”) with a strategic investment focus on the significant, growing, and resilient […]

News Release: NAI Horizon sells Chandler (Ariz.) Medical Center for $7.3M via competitive bid sale process

News Release: NAI Horizon sells Chandler (Ariz.) Medical Center for $7.3M via competitive bid sale process

For Immediate Release PHOENIX, ARIZONA (June 13, 2024) – NAI Horizon facilitated the $7.3 million sale of Chandler Medical Center, a 22,591 SF multi-tenant medical office building located at 655 S. Dobson Road in Chandler, Arizona. The sale price fetched $323.14 per SF. NAI Horizon Executive Vice President Lane Neville, Senior Associate Cole Neville and […]

News Release: First Citizens Bank Provides Loan to Refinance Tacoma Senior Living Facility

NEW YORK, June 13, 2024 — First Citizens Bank today announced that its Healthcare Finance business provided a term loan to refinance GenCare Lifestyle Tacoma at Point Ruston, a 159-unit senior living facility in Tacoma, Washington. The borrower is a joint venture led by Harrison Street, one of the leading investment management firms exclusively focused […]

Life Sciences: Report explores the key role of employment

Life Sciences: Report explores the key role of employment

In general, it drives space demand, but it also affects the real estate in other ways By Murray W. Wolf As in most commercial real estate sectors, the prospects for the life sciences real estate (LSRE) space largely hinge on employment trends. In simple terms, more workers equals more space demand. But trends in the […]

News Release: Sila Realty Trust, Inc. to Commence Tender Offer for Up to $50 Million of Its Common Stock

TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (“Sila” or “the Company”), a net lease real estate investment trust (“REIT”) with a strategic investment focus on the significant, growing, and resilient healthcare sector, today announced that in conjunction with its listing on the New York Stock Exchange (“NYSE”), Sila is commencing a modified “Dutch auction” tender offer […]

News Release: IRA Capital Acquires a 253-Unit Class-A Senior Living Community in the Seattle MSA

News Release: IRA Capital Acquires a 253-Unit Class-A Senior Living Community in the Seattle MSA

IRA Capital Continues its Senior Housing Portfolio Expansion with the Acquisition of Quail Park of Lynnwood Irvine, CA – June 12th, 2024 – IRA Capital (“IRA”), a leading private equity firm based in Irvine, California, is pleased to announce its recent acquisition of Quail Park of Lynnwood (“Quail Park”), a 253-unit, Class-A, senior housing property […]

News Release: Groundbreaking ceremony marks a major milestone in next phase of St. Luke’s Boise campus development

News Release: Groundbreaking ceremony marks a major milestone in next phase of St. Luke’s Boise campus development

St. Luke’s celebrated a significant milestone with a groundbreaking ceremony for the Boise campus development project on Tuesday, June 11, which will construct a new north hospital tower and a medical office plaza on the north side of the current hospital. As part of St. Luke’s strategic vision in support of local communities, the project […]

News Release: Takeda Invests 230 Million US Dollars in Expanding Production Capacity for Plasma-Derived Therapies at Los Angeles Manufacturing Site

June 11, 2024 Increased Production Capacity Resulting from the Expansion will Help to Serve More Patients with Rare, Chronic and Genetic Diseases, such as Immunodeficiencies and Bleeding Disorders 125 New Long-Term Positions will be Created Supporting the Local Community, along with Many Others During the Construction Phase Repurposing an Existing Building and Utility Infrastructure Underlines […]